Examples of Investable Funds in a sentence
Investable Funds (being amounts representing Costs of Issuance and Prepaid Service Charges) shall be invested by the Service Corporation in Authorized Investments that mature in the amounts and at the times the related Investable Funds are needed to make the payments for which such funds were received by the Service Corporation.
Gain and loss from Investments shall be attributed to the type of Investable Funds giving rise to it.
Company authorizes F&M BANK to purchase Securities at the beginning of each Overnight Period with Investable Funds.
At the end of each Overnight Period during which the Company's Investable Funds are invested in Securities (the "Repurchase Date"), F&M BANK will repurchase the Company’s Securities from the Account for an amount equal to the amount of Investable Funds invested in Securities which interest shall be calculated and accrued in the manner set forth in the Implementation Form.
Company's rights are not assignable or transferable under this Agreement, nor shall Company hypothecate, pledge, assign, loan or transfer Securities or Investable Funds subject to this Agreement.